Tag Archives: usdjpy

Latest sharp move higher hit possible supply zone based on intraday chart. We see shorts in play with stops above that zone. First possible target is 109.70/50 second around 108.50. Should you have any questions feel free to contact us anytime.Good luck Champs!Mr Hawk DISCLAIMER: This material was created for informational purposes only and represents the Land of Trading team’s

The current risk-off environment spurred the sell-off in the pair. On top of that last week close below 112.00 has also added to the bearish view (notice: trendline break, retest, rejection). An attempt to rally above 112.50/80 might be the selling opportunity with the 110.00/20 as a first possible target, next around 108.00 and then followed by 105.00/104.00. A weekly

Short recap Asia lower Europe opening mixed Strong EUR to weigh on EU stocks soon 10-yr Trys yield above 2.75% putting pressure on stocks As dividend yield is not as attractive as before and cost of financing for companies is getting higher With recent rise in US yields, economic numbers and improving earnings season Are we going to

Short recap Asia mixed to lower Europe opening lower Trump a year ago – USD strength means confidence in US and his presidency Mnuchin yesterday – USD weakness good for US economy …and market took it as a future direction of US policy In other words the US trade war has begun and weak USD is part of it Market is concerned about widening current

Short recap Asian in red as stocks getting nervous, VIX above 10 Europe opening lower Cryptos – SoKo preparing a trading ban, tax authorities cracking on some exchanges China – halt of Trys buying based on wrong info (I like it as some made a nice money..) US attacking NAFTA, opting for more protectionism While French Macron signing nice contracts in China Equities Volatility still remains low but that can change

Short recap Asia took a break Europe opening flat to slightly up US tax bill refining continues as the bill moves from Senate to the House before it lands on Trump’s table Many have changed the wording from tax reform bill to tax bill AMT getting challenged as many companies may loose the tax break and pay the 20% alternative

Short recap Asia in green Europe opening higher OPEC day today with not only oil but energy stocks in focus NoKo threating with new missile test again But no reaction from the markets (a sign that conflict escalation is low for the time being) Powell with dovish tilt, no change to rate path HFs having hard time to earn money from bond and

Short recap Asian with wake up call from China Europe opening flat to higher FOMC and ECB Minutes left the market without any illusions Fed likely to be more dovish, ECB still on split over QE end Germany – Socialists under strong pressure to form government France – US corporates like Macron story, likely to increase investments in FR Brexit – May meeting Tusk in

Short recap Asian in green Europe opening higher If new elections in Germany, not before end of Q1 2018 Thus prolonging the uncertainty but EUR is indifferent, as it was the case with some other coalition talks in EU US to take down the free and open internet Giving the service providers possibility to choose what content the users will access Lacklustre

Short recap Asia in red but BoJ active in ETF buying Europe opening lower Special envoy from China heading to NoKo on Nov 17 Central bankers talking about an end of easy money Mohammed El-Erian a new Fed vice-chair? Risk bubbles rising across EMs: Military taking over in Zimbabwe, where is Mugabe? Venezuela defaulting, South Africa to be downgraded Equities Stocks not comfortable with